Following the announcement on 15 July of a new discount rate of -0.25% for personal injury claims, our team of experts has now reviewed the various documents released following the decision and also looked at what the decision will mean for claims cost and strategy.
The Finance and Socio-Economic subject matter group, one of our focus groups that monitors subject areas of importance to catastrophic injury claims and our clients, has compiled a review document which is split into two parts:
- A commentary on the Lord Chancellor's reasons and approach, the advice he received whilst also drawing on the other documents listed and linked in the review
- We look at what the decision means for claims cost and strategy
Click here to download to document.
Please contact a member of the team with any questions.